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for the payment of the principal of and interest on such Parity Bonds, except <br /> interest to be paid from the proceeds of such Parity Bonds. In the event such <br /> Parity Bonds include term bonds, the words "principal of and interest on the <br /> Parity Bonds" shall be deemed to exclude from "principal" an amount of term <br /> bonds equal to the mandatory deposits of money into any sinking fund account to <br /> provide for payment of the principal of such term Bonds, and from "interest" the <br /> interest on such term Bonds subsequent to the date of the respective deposits, and <br /> to include in lieu thereof all mandatory sinking fund deposits as of the date <br /> required and interest on the term bonds provided for by such deposits only to the <br /> dates of the respective deposits, and following the New Covenant Date, means the <br /> total amount of Debt Service for any Parity Bond or series of Parity Bonds or <br /> other subordinate lien evidences of indebtedness payable from Revenue of the <br /> System in any fiscal year or Base Period. <br /> Balloon Maturity Bonds means any evidences of indebtedness of the City <br /> payable from Revenue of the System that are so designated in the ordinance <br /> pursuant to which such indebtedness is incurred. <br /> Base Period means any consecutive 12-month period selected by the City <br /> out of the 36-month period next preceding the date of issuance of an additional <br /> series of Future Parity Bonds. <br /> Capital Appreciation Bonds means any Future Parity Bonds all or a <br /> portion of the interest on which is compounded, accumulated and payable only <br /> upon redemption or on the maturity date of such Capital Appreciation Bonds. If <br /> so provided in the ordinance authorizing their issuance, Future Parity Bonds may <br /> be deemed to be Capital Appreciation Bonds for only a portion of their term. On <br /> the date on which Future Parity Bonds no longer are Capital Appreciation Bonds, <br /> they shall be deemed outstanding in a principal amount equal to their Accreted <br /> Value. <br /> Consultant means at any time an independent municipal financial <br /> consultant appointed by the City to perform the duties of the Consultant as <br /> required by this ordinance. For the purposes of delivering any certificate <br /> required by Section 10 hereof and making the calculation required by Section 10 <br /> hereof, the term Consultant shall also include any independent public accounting <br /> firm or engineer appointed by the City to make such calculation or to provide <br /> such certificate. <br /> Coverage Stabilization Account means the account of that name <br /> maintained pursuant to Section 7(c) of this ordinance. <br /> Covered Bonds means the Outstanding Parity Bonds, the Bonds and those <br /> Future Parity Bonds designated in the ordinance authorizing their issuance as <br /> Covered Bonds secured by the Reserve Account. <br /> -64- P:120287 CMW120287 960 02/07/11 <br />